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tv   Mad Money  CNBC  March 21, 2019 6:00pm-7:00pm EDT

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the show if we give mel a hard time, we shen -- she went to harvard university last night they beat georgetown in georgetown. >> see y bouack here tomorrow at 5:00 for 5:00 for more "fast. "mad money" starts right now my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain, but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer. there is nothing like a late market sea change orchestrated by the federal reserve the s&p climbed 1.90%.
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the nasdaq pole vaulting 1.42% because fed chief jay powell came out and said we don't need another rate hike in 2019. in fact, he came close to admitting he made a mistake. being federal reserve chairman means yes, you never have to say you're sorry i heard a lot of people today worry things much be much worse than they seem or else powell wouldn't have made such sweeping statements about the slowdown that's engulfing us. but that's only true if you haven't been paying any attention. right now the data says not to tighten. then again he did something very crafty yesterday powell said you could ignore all the myriad presidents who talk like it's time to tighten. he decided that ain't going to happen i don't know i think it's nice. i think it's really nice this is a dramatic shift we don't need to worry about more rate hikes, and that's why it's causing a sea change in the stock market right now because we're in a low growth environment again.
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so what is the playbook for low growth environment first, let's get one thing straight there are more stocks that do well in a low growth environment than a high growth environment. in other words, powell told us we won't have much of an economic tailwind, and that is okay, people you don't say shoot, there goes the market you say gotcha who can make a lot of money without the economy blowing wind in their sales second, the environment like we have now and like we may have for some time as the ten-year currently yields just 2.5%, down from not that long ago you can pin it back to the high yield dividend stocks. the ones with the fastest growth, there is almost no inflation. so companies with the ability to generate tremendous profits in what we call the outyears look more attractive. think of the cloud kings or the soon to be public lyft or uber or airbnb. finally, when a central bank finishes raising its rates, the currency those rates are denominated in, that becomes
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less appealing in other words, we're going get a weaker dollar, which is fabulous for american companies that do a lot of business overseas that's true even for the companies that are caught in the crosshairs of the trade war with china. they benefit from the weaker dollar too remember, you have a weak dollar translates to more sales versus the other guys and one of the things i absolutely love about the weak dollars is that the other countries have their rates so low that i think you could really happen when their rates go higher. so then what stocks fit the profile? exhibit a, amazon. here is a company that is almost totally insensitive to growth worldwide or otherwise amazon has the outyears component, so we don't have to worry as much that the huge earnings in say 2024 will be roted by inflation. >> may not be doing as well as last year. plus, it is amazon web services. the cloud infrastructure kingpin that is growing at a 47% clip. and second, people jump the gun here, but apple is perfect for this kind of environment the company is in a lot less
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economically sensitive than most people think because of the subsidies that most wireless companies offer for the iphone meanwhile, apple gets a huge boost from the weak dollar they got a budding subscription business that's augmented by new products and acquisitions. the only problem, i don't like how much apple stock ran today as so many analysts try to get ahead of next week's big product meeting. that's why i always tell you to own apple, don't trade it. the other analysts tell you silt, buy it as it goes lower, they tell you to sell and as it goes up, buy it profoundly unhelpful i know it's hard to stick with this one on twitter, as apple dropped to $140 recently, i said own it, don't trade it i got the usual cat calls for riding it a the way down, you bozo good call, right at least i didn't listen to the tween nut gallery. tween nut gallery. next take your pick of the cloud kings. they're all expensive, but
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they're also the fastest growers, and they aren't particularly sensitive service now and ow but there is one that is not a king yet, but pay attention to twilio that breaks out every day. riding a great secular growth trend. it powers lyft you need a semiconductor stock the fastest growing chip maker is nvidia. since it just acquired melanos amd just won a big piece of google from gaming micron's announcement announced a production cut last night and that should solve the glut for drams and stock in the second half to the year lrcx makes the very capital equipment that micron is cutting back on. isn't that counterintuitive? but history tells us that's when you buy the stocks of the semiconductor equipment makers history doesn't lie. they have long cycles, and their customers are going to put in orders six months from now, which could make 2020 a good year
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if you want a safe growth stock, may i suggest you're describing pepsico. i think their growth will be terrific and it's got a new product pipeline i just had these chips last night. they had this really great flavor, and they had this kind of great palette my wife gave them to me. anyway, these are all going to be added to earnings soon. by the way, bubbly is doing it it's crushing the other guys in that same category i like the stock i like the 3% yield. it's marvelous i know a ton of people worry about j&j where they allegedly had a known carcinogen in their baby powder and did nothing about it for ages. i think j&j's pipeline is what i'm focusing on. plus it's a fabulous weak dollar buy. i also like generous mills that's right, general mills which reported better than expected quarter i think you got to buy it on a pullback it's up four straight points what can't be bought here? what is awful? what needs to be -- >> sell, sell, sell sell, sell, sell because it is a -- >> agh >> the banks
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thebanks are problematic the economy isn't strong enough to entertain big destruction the interest margins aren't going anywhere bad loans start showing up the third quarter. it's just a total suboptimal situation until their stocks give you higher yields, which means they have to go lower. what else? the big cyclicals have historically been wrong in a worldwide slowdown, wrong. and the oils are simply lame with few redeeming qualities in a low inflation environment. look, i'm not saying you should swap out of the losers and by the winners immediately. but the bottom line is you need to be in the right frame of mind for this new market, for this playbook that i've just given you. i've used it as a professional, and it's worked every single time we've had low growth, low inflation, going all the way back to 1981 i think this time will be no different. i need to go to ratu in pennsylvania ratu >> hey, jim. so i had two questions. >> sure. >> caller: the first being with fed ex recently mission its earnings and amazon expanding logistics, what do you believe
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the future outlook for the logistic market as a whole >> look, i think -- oh, go ahead. sorry. i didn't mean to interrupt >> you can answer first and i'll go to the second. >> here is the problem i was listening to fed ex. this is a very tough sector right now. they have too much business domestically and internationally slowing down too much business should be what we think of as good news, but the systems are overloaded what is the second part there? ratu has a two-part question. >> reporter: x field has been getting battered for the past three months with the capital report the street is still really bullish on it. what's your take on it >> here is what i say about these situations where you have a short seller going against the company. i invite management on i have to invite brad jacobs on. i would ask him the questions that the short seller is posing. and then i think we get to the bottom of it so brad, come on, buddy. come on back john in kentucky john >> caller: hey, jim. >> john, what's up >> caller: a long time fan
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my grandson kelvin and try to watch you most every night. >> thank you >> caller: my stock is zillow, jim. >> zillow? >> caller: i've on the other hand it for over four years. and during the last three years it doubled in price, but then only to trade back down again to where it started from last year. >> right well, here is the problem. they made some changes they got in the business of flipping houses. that was what i call ill-advised. the most -- the advice i give you is keep listening with your grandson i love that but zillow is house of pain. i like zscale. i like zen desk. i like zebra, but you can't like every z. nothing like a market sea change orchestrated by the feds' about face this change in direction on "mad money" tonight levi strauss started a half a century ago. it is tough enough to survive years of wear and tear but is the stock as enduring as a pair of vintage jeans? then the largest drug store
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chain is going to the marijuana business but is it enough to pull the stock out of the slump i've got the ceo and needed some zs don't sleep on tonight's off the charts and stay with cramer >> don't miss a second of "mad money. follow @jimcramer on twitter have a question? tweet cramer, #"mad"tweets send jim an e-mail to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. this is your invitation to be our guest.
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closing at 2 .41. if you got stock you have a 31% gain there is a tremendous demand for levi's lyft comes public next friday and later airbnb, uber, peloton, slack, and pinterest among many others but let's not get ahead of yourselves if you were lucky enough to get in on the levi's deal, you already got a really good win. for the rest of us, what the heck are we supposed to do up here do we take a shot ate? do we invest in it is this a good level we know levi's is a high quality brand. with know the business is in great shape. but is the stock wto buying at 22 bucks and change? as much as i like the product, i'm hesitant to recommend the stock up here. i think levi's is worth buying at some price, just not this one. before you get into valuation, you need to know your ipo so you understand what is and what you'll be paying for and when you get to know levi's, there is really a lot to like. first of all, we're talking about one of the most iconic
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aparticle brands on earth. everybody knows levi's and the company also owns dockers. they sell all sorts of apparel along with outer wear and footwear but as much alzheimer's you may like the brand, it's the numbers of course that does drive a stock. actually, the numbers are kind of interesting in 2011, the fabulous chip bergh took over as ceo and pulled off a remarkable turnaround. bergh decided they needed to focus on the core business and exited side businesses that was brilliant in 2015 that caused the company's revenues to shrink substantially. you do that when the company is private. but it sets the stage for a real comback. by 2017 they racked up 17% growth and at the same time the margins have increased substantially which is how they managed to trip federal 2014 to 2018 that's pretty good as part of the ipo perspective, levi's provided guidance for their latest quarter, and the results were excellent
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while the company is talking about 5.7 to 6.8% revenue growth, very meaningful, a meaningful slowdown, though, versus last year, they also told us that they're adjusting that income by 62.9 to 78.4% which is a heck of a lot better than last year's number. when you look at the earnings before interest and taxes, the numbers are a lot less crazy they talk about high single digit to low double-digit growth here fine by me really, though, if you want to get your head around the story you should hear from chip bergh himself. we had him on the show back in october 2016 here is how he explained levi's success. >> first of all, our strategies are working, jim we -- about four and a half years ago, we declare lead key choices to focus on our profitable core business, which generates all the cash, and invest that cash back into the two things that are going to drive growth one is expanding for more. we've got lots of categories where we're underdeveloped on the levi's brand around the second is become a direct to
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consumer retailer. so that's a big part we've also got a big global footprint of retail stores and we sell levi's in 110 countries around the world and then the last big thing is the brand is resonating again. >> right. >> we brought the brand back and that was a big part of the mission when i joined the company. >> i followed the company since the '80s when it was last public, and this man has done everything he said he would do he told us his game plan and then he delivered. before i get into the specifics of the stock, i want to say chip bergh and his team have done a fantastic job. he deserves this kind of result. but as much as i like levi's the company, that doesn't assume you should rush out and buy it right here right now talk price, valuation. we have good estimates for how much they'll make but we have historical numbers right now the stock is trading at more than 20 times last year, but look at the rest of the apparel space. pvh at 11 times.
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ralph lauren at 17 times only guess is more expensive, but that's because guess is being put through the meat grinder today. earnings are evaporating before our eyes while levi's flying today, guess plunged more than 12%. the culprit? the company blamed the incredibly competitive denim market now maybe it just means that levi's is eating their lunch, but maybe not. either way, it's not what you want to think if you're thinking about buying stock in a company that sales jeans on a before basis, valuation looks a little more interesting. last year adjusted by 30%. if they can maintain that level of growth, that would mean the stock is selling from roughly 16 times earnings this makes it more expensive than pvh really, that's around the same numbers ralph lauren i reiterate that i like very much however, there is no guarantee that levi's can keep delivering such rapid earnings. i think it's more reasonable to 15% given that the company only
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expects earnings before taxes to increase by 14% at most in the first quarter. in that case levi's has a premium multiple is the t stock is trading at 16 times this year's everything estimates, a lot more expensive than pvh and two times higher than ralph lauren. story to go into all those but that's how you do security analysis at the end of the day this is an apparel company. even if the numbers have improved dramatically in recent years. levi's has been doing a great job in a tough business. but at the end of the day, i hate to chase a stock that's up big. this is already up enormousl after the first day of trading ooh ima little skittish here the bottom line, as much as i like levi's the business, as much as i think the management team is fantastic, levi's the stock is a little too rich at these levels if it pulls back, two bucks below here that's where i think you can do some -- >> buy, buy, buy >> stick with cramer >> coming up, investors are hungry for some exposure to the cannabis craze does cvs have a future in cbd?
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>> we think this is something that customers are going to be looking for as part of the health offering. >> cramer sits down with the ceo, next. choosing my car insurance was the easiest decision ever. i switched to geico and saved hundreds. that's a win. but it's not the only reason i switched. geico's a company i can trust, with over 75 years of great savings and service. ♪
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every town has a pharmacy on the corner looking to the future, can cvs health become a cornerstone of your healthy routine and will the stock belong in a healthy portfolio? >> for months the health care stocks have been out of favor on the wall street fashion show but after the fed confirmed yesterday that we're in a low growth, low inflation environment, the whole group does become more attractive, particularly ones with dividends. take cvs health. the stock has been pulverized since the company acquired etna late last year the company just announced it will sell cbd products that's cannabis-based stuff that won't get you high, at least in the states that you're allowed, and in stock now sports a 3.6%
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yield and an eight times earnings multiple. i think it's gotten too cheap to ignore, but it's been important to know i've been dead wrong i've told this to you on the show and it's dinged by charitable trust i'll say it again. i've been dead wrong to like the stock. so let's see what's going on here earlier today i got a chance to check in with larry merlo, the president and ceo of cvs health who remember didn't pu pull tob because he thought it was the right thing to do. when you put it together with cvs, i thought it was an absolute powerhouse. now i'm wondering when will it start generating growth? and are there things to do to accelerate that growth >> jim, we're very excited about the opportunities for growth as part of these two great companies coming together. and we're off to a great start the closing was announced less than four months ago we have our first concept stores up and operating in the houston market they've been operating for about 30 days where we're beginning to
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get some very important earnings we're launching pilots in a variety of markets we're off to a great start circumstances there a disconnect between some of the analysts who really hope you have already integrated to where you could raise numbers and the reality which is that it's just too early and you're still in a position where you can't guide, so don't force your hand to do so >> yeah, jim, listen, 2019 is a transition year for the company. we're making investments to bring the vision to life, and at the same time we're managing through the head wins in the legacy cvs business. some of those are transitory in nature and we're taking remediation steps in response to that we're very excited about the prospects for growth as these two companies, not just come together, but begin to translate the vision into a reality. >> before we get to a vision, i want to be sure that some of the things that have kept the stock that you know i've been disappointed in are in the rear
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view mirror, particularly long-term care where a lot of the clients are fragile and you can't necessarily get your arms around the slowing in that business but you did say you kind of recognized the problem and you're dealing with it it is behind us? >> yeah, jim, it's an important point that stilled nursing facility has been under intense financial pressure we've seen that pressure downstream impact us at the same time we've made some changes in our tactical execution to real growth opportunity in that space and the independent living space we feel that we've got the business stabilized and it will grow from this point forward >> i'm in a beautiful store here, but what i really want is the concept store. i want one stock i don't want the get a product i like to get service. how is it used in terms of attracting people? does visit a comp lift and is it providing a one-stop
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shop when you put this all together >> think about some of the challenges in health care today. it's gotten way too complex. it's difficult to navigate it's praising a grow iing cost burden on consumers. we have an opportunity to change all that you think about the imperatives that this new company can create the opportunity to make health care local the opportunity to make it simple and improve health. let's take the local piece first that people want to be able to access care where, when and how it's convenient for them, whether it's in the community, their home or even in the palm of their hand today. >> right >> it is with us 24/7. so the concept stores begin to execute against that imperative. we've repurposed about 20% of what we call the front store to services so you walk in that store, you see an expanded medical clinic that includes phlebotomy
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it includes not just treatment for acute illness, but the management of chronic disease. we have a dietitian on staff, respiratory therapist, and we have what we're referring to the individual as a care consserge they're asking questions how do i more effectively use my benefit design, what does this mean we've got programs that are focused on wellness where we're working with community leaders to have programs, session actually within the store. and then you think about the role of the pharmacy we're identifying patients who need more personalized follow up about their medication regimen we're off to a great start some of this is anecdotal at this point but customers love
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that one-stop approach. >> i'm a limited guy and i'm bound by the four walls of the spreadsheet. that's what i taught for 35 years. off to a great start versus numbers coming down. off to a great start versus amazon coming in hard. off to a great start versus worries about a balance sheet that has a lot of debt i'm trying to get my arms around the idea why it's my job to talk about the stock, why the stock is not working, how did the finest pharmacy in the country sell at eight times earnings with the stock cut in half so i say what's wrong with this picture, larry help me. >> well, the opportunities for growth are here. it's about the long-term story in terms of what this new model creates, and the opportunity to reduce medical costs, which we believe will drive membership. >> okay. >> you think about this combination. this combination has the opportunity to -- you think
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about innovative products and services that will be driven through the community assets we operate and there is a revenue and margin gain from that. we also believe we have an opportunity to take some of the products and services and sell them more broadly on the market. jim, some of these earnings, they go back to more than ten years ago now when cvs and caremark came together you look at the environment. the lines are blurring between being competitors and being partners >> right. >> and we have some of those earnings in the rear view mirror if you look at medicare as an example, we have built the largest medicare part d drug plan it has more than six million members. but at the same time we manage the part d benefit for more than 40 health plans. it's a good example for us in terms of how you can be a competitor, but at the same time being a business partner >> let's talk about this beautiful store. this is what i don't get this is a great business you have been a great
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businessman. this is a brick and mortar store that i love to come to how come it doesn't share in earnings per share the way it used to? is it amazon that does it? is it execution? this should be providing more earnings per share while you integrate etna. >> jim, we've got momentum in our retail business. we're very pleased with the revenue growth we're seeing not just in pharmacy, but this the front store as well. we expect that that momentum will continue. some of this as we think about this new company, we're going to manage it at an enterprise level. and the benefit of this company is we'll be able to do things that as a stand alone cvs or a stand-alone etna, neither company would have been able to do that's the real exciting part of the future. >> for those who say you shouldn't have bought etna, they're limited in their thinking >> i would say they're limited in their thinking.
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jim, the health care industry is now more than $3.5 trillion, okay it's growing at an unsustainable rate, as we all know we talked about some of the challenges and the complexities there are a variety of studies out there that estimate 25 to to 25% of health carespending is wasteful, avoidable, can be reduced. percentage points are going to matter here. think about some of the things we talked about. being able to reduce those unnecessary costs. the valley created is going to start with the b as in billion that's the opportunity that's in front of us. >> you have always been a good merchant i think people underestimate you for being so you are a bold merchant. you took tobacco out which i think is one of the greatest things anyone can do in terms of a bad setback for industry you just started importing cannabis for some stores radical or necessary >> it's interesting. i appreciate the comment on tobacco.
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we're continuing the journey we had an announcement with the work we're doing with the american cancer society, the truth in terms of helping to make college campuses smoke-free and we're making tremendous progress we're very proud of the work being done there in partnership with the truth initiative and the cancer society jim, as you look at the cbd products as it's referred to, we're going to be carrying them in eight states. we're going to be carrying the topical products only. >> branded by cvs? >> not branded by cvs. anecdotally, we heard from our customers that have used those products that gee, it's helped with pain relief for arthritis and other ailments so we're going walk slowly, but we think that this is something that customers are going to be looking for. and as part of the health offering >> bottom line, it's going to come together. be patient don't be freaked out about this stock. it's a 2020 vision that could
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still come together in a milestone way in 2019 where we could find some things that we like >> jim, we've got a great team we're working with a sense of urgency, and we're excited about the future. >> that's larry merlo, the ceo of cvs health, cvs a tough stock to own good company thanks, larry. >> thanks, jim
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once again, once again tech is leading the way here. i think this group is extra important. now we've caught in a tug-of-war between the bullish federal reserve and the bears' talks with china they don't seem to be going anywhere at the moment with some notable exceptions like the semiconductor, most of tech doesn't need china to work here people forget that so that's why it's not going off the charts take a closer look at the technology with the help of bob line bob is the founder of explosive options.net as well as being the behind the trifecta stocks letter he is also the author of know your option. in looking over the charts, he unlessed a very interesting pattern that he thinks could be ready to roar here i say they've already been roaring butch let's go with this he likes the three zs.
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he likes z scaler, zen desk and zebra technologies together they give you a good read on a wide swath of tech sector we know the tech stocks are on fire, but zen desk, the software play put up a ridiculous fabulous quarter and the stock has been a rocket ship whenever you call customer support, zen desk platform makes it easier for the staff to answer questions quickly, either on the phone or online via text-based chat. the company has also been expanding into data and analy c analytics and salesforce animation. the stock is white hot it up nearly 44% you many of the hardware plays have made a comeback led by corning and universal display. but zebra is no slouch either. the company is all about enterprise asset and intelligence think bar codes, mobile printing, data capture, real-time locating and radio frequency identification zebra helps keep track of
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everything from inventory to the trucks by the way, they track the football players they put the thing right here. see what the blood pressure and temperature and stuff. the stocks are up 37% for the year on top of a 53% gain in 2018 close observe norse we have been huge fans of zebra and always welcome ceo anders gustafsson on the show he is real smart and then cyber security, it's another one of our favorite long-term ones we talked about palo alto networks and two winners that protect companies and governments from hackers zscaler also deserves some respect. here is a cloud-based cyber security firm that delivered amazing earnings growth thanks to a popular suite of products zscalers already run up more than 78% these three stocks are emblematic of what's working in the tech world right now and a lot of people are afraid to talk about them because they are so high risk we're trying show you using the
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stocks as examples what bob line is saying is red hot so let's go the to what we call the straighter -- hate straighters. let's go with zen desk the inaptly tickered zen i say inapt, because does this charlotte look like zen to you i got more zen, for heaven's sake zendesk keeps roaring higher lange points out it's above all, the relative strength index, the important momentum indicator remains elevated sometimes this will be a sign that the stock has gotten overbought which means you should be worried about a quick turndown huh-uh this is what's called embedded action over what situation where the buyers keep showing up i wrote about this a lot in get rich carefully there are these situations -- these really odd situations where the stock is up so much consistently that it's actually positive. crazy stuff. all right.
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let's go back. lange likes that zendesk has made a series of higher highs since november this is textbook uptrend meanwhile, the mack-d indicator just made what's known as a bullish crossover. you see this this black line crosses over the red. that's bullish and historically this pattern has been incredibly reliable predictor of higher stock prices sure, zendesk has already had a fabulous run here, but right now it's at 85 could easily trade at 100. as for me, i know there are environments where stocks that get to 80 tend to go to 100, purely because everybody suddenly wants in that's the description of momentum and when i told you about a month ago when it was 79, that this stock was worth buying on a pullback, three weeks ago it pulled back to 74 and it hasn't looked back since. for better or worse, this thing is smokin' hot god, that is such a beautiful picture. kind of like picasso no, matisse. how about the daily chart of
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zebra technologies this is another turbocharged name that's above all the moving average. the 20-day average acts as a nice floor of support. the 20-day is working here, about 10 bucks more than the stock is trading these levels he thinks the current uptrend, he's using the term locked in not linked in, locked in what else does zebra have going for it the rsi. look at this it's once again an embedded overbought territory usually when a stock is overbought, it's come up too far, too fast. when it gets embedded, it can stay overbought because the buyers keep coming back. they cannot resist the mack-d indicator made the same signal we saw in zendesk. the black line crossed over the red. put it together and lange thinks it's a $240 stock that galloped. finally, zscaler when you look at the daily chart, is anyone talking about
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zscaler in the world besides people who work at zscaler and me you can see that zscaler has been a monster since we reported at the end of february the stock pole vaulted higher on the news look at this and now it keeps making new all-time highs once again, embedded overbought, okay i want you to check out the williams percentage r indicator. see this this measures when a stock has gotten overbought or oversold. zscaler has been in overbought territory practically for a full year it just hasn't looked back it keeps flying higher and higher and higher. according to lange, this is one of the best trends on the market like most red-hot stocks, zscaler is barely giving you a chance to get. in if you do see a modest pullback here, he saysyou'll want to do some buying but for the moment he thinks zscaleler stay hot, at least for the near future. this may be the most up stock in the entire market right now. zscaler. you probably think it's used for fish, right? no the bottom line, red hot stocks
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make me a little queasy, but the charts as interpreted by bob lang says the three zs of tech are enfuego. zendesk, zebra and zscaler don't know when to quit. it wouldn't surprise me if he turns out to be right. just promise me you'll be careful with hese. they are purely for "mad money" only, you don't want to own these stocks unless you're nimble enough to ring the register while they're still soaring into the stratosphere. stick with cramer.
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"lightning round" is sponsored by td ameritrade >> it is time! it's time for the "lightning round. cramer says -- >> buy, buy, buy. >> sell, sell, sell. >> buy, buy, buy. >> sell, sell, sell! [ buzzer ] >> and then the "lightning round" is over are you ready, skee-daddy? let's start with bill in new jersey, bill >> caller: how you doing, jim? >> bill, i'm coming to play. what's going on? >> caller: fantastic love your show, my friend. >> thank you >> caller: the question i have for you is whitestone. >> oh, small real estate investment trust and retail in
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there. i don't trust these ones that yield more than 8, 9 whoa it's too high. something may be wrong i don't want to touch it just too -- thomas in florida, thomas >> caller: jim cramer, how you doing, buddy >> having a good day what can i tell you? what's going on? >> caller: the sun's out down here everything is a good day today >> that's good. >> caller: microsoft, jim. >> isn't look, this satya nadella, he is doing a good job. won't come on the show hurt miss feelings that's okay. i'm a kind man i'm a good man here is the problem. microsoft has been straight-up i'm not going to tell someone to buy it right here. let's wait for a pullback if you want to get into mr. softy, a name i coined in 1999. let's go to greg in new york greg >> caller: hi, jim how's it going >> not bad thank you for having how about you, greg? >> caller: okay.
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my question is regarding a company we both know as being really good, centene >> it's been down in the dumps it's gotten out -- away from as cliff basin, my head writer and only writer says it's out of fashion on the wall street fashion show. what can i say right now these stocks are bad they always come back. they do. you take a look at the chart i'm banking right here right now. i need to go to jason in alabama. jason? >> caller: mr. cramer, thanks to you and all your hard work we appreciate it, sir. >> my staff makes me look good every day. they do. >> caller: i purchased a small position in cadillac golf company and i'm thinking of buying more. >> i like the stock. i'm surprised it fell down so much i like it. i think it's a good stock to own. i think you can buy it and put away charles in florida, charles? >> boo-yah although i have no idea what that means
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>> i don't either. >> berkshire hathaway. i bought it in 2007. it went down in 40%. i rode it. now it's up 150% i know your position on taking some winnings off the table and paying tax, but i'm 77 years old and would like to let it ride for my heirs >> i'm going to agree with you i want you to let it ride. there is no reason to sell that stock. that company is doing terrific we're going to hold on that. i like your analysis let's go to craig in new york. craig? >> zimmer biomet holdings. >> i like striker more than i like zbh i like intuitive surgical more they know like that one. and then my favorite is tandem diabetes, which i reiterate, if apple would buy, they could then start a $10 a month service that everybody would take tandem diabetes would add close to $20 million in market cap to apple. the vision that i have it's a vision. hey, how about we go to ren in
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missouri >> caller: hey, thanks for helping the home gamer. >> you, bet, man that's where i am. what's up? >> caller: jim, i think you need time off and i appreciate the episodes you prerecord on july >> you're nice i always feel guilty but you can't work every day. >> caller: i'm calling in today at 743 cnbc about aqua america, wtr. >> i've always liked it. philly-based quietly goes about its thing of going higher there is absolutely nothing wrong with it. i like it very much. and that, ladies and gentlemen, concludes the "lightning round"! [ buzzer ] >> the "lightning round" is sponsored by td ameritrade had a coach in high school. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills.
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boom! mad skills. education to take your trading to the next level. only with td ameritrade.
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next week apple holds its annual spring fling, the gala. and i'm worried that tim cook will need to introduce a driverless mac car that runs on water, and for an additional 49 bucks can take us to mars. that is if he wants to keep his stock going higher that's how out of control the expectations are getting here. the stock up 22 bucks since the beginning of march, including a monster run just today so many analysts who slashed their price targets on the apple stock when it was going down remember when it was getting crushed? they were hey, taking my price down well, guess what they're now raising them as the stock goes higher, which means the rally could prove to be a little chimerical.
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so be a little careful, right? what can protect an federal a serious beatdown next week simple the company needs to care about more than hand sets and its investors need to do the same. this is the apple that at last ignores what wall street tech analysts want or iphone sales. it talks about how customer satisfaction, how bicty, how indispensability will create greater services over time a consumer product play, that kind of language won't make you feel good, but it will disappoint those who want that darn water powered car inspired by the late great steve jobs in a phantasmagorical moment. it look likes an legal roll out some sort of video package as well as a new set of $159 air pods with a hey se ri feature that makes the amazing talk system come alive for free
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the car powered by cold fusion that doubles as a submarine, those are merely improvement >> sell, sell, sell sell, sell, sell sell, sell, sell. >> so, listen, i'm an algorithm myself but the you're looking at apple as merely a gadget maker, you're looking at it all wrong. this company has an ecosystem which you can't live without this is the symbol for an ecosystem. i'm also an elk. that's why i think the service revenue stream, the money they make from apps and icloud backups will become more and more important relative to gadget sales for its user, apple is indispensab indispensable. remember the old american express ads, don't leave home without it that's more true for the iphone and the apple watch than the amex car i can't believe how many people i see wearing the tear drops i think they should start making colored ones like they did with the ipod back in day
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i recommend this at five smackers visionary. live long and prosper. i keep hearing people whine under tim cook everything apple come once pedestrian that drives me crazy, because i own more pedestrian apple accessories than anything else in my life guess what life can be pretty pedestrian. apple makes your day-to-day life more entertaining. there is nothing revolutionary about air pods but but people love them. i like them more than the dangling cord headphones which i worried would strangle me in one of my 3:30 a.m. workouts but to before row a line from spiro agnew via william safire of course, the nattering nabobs in the press want to be blown away i expect to be out in full force on tuesday slamming everything apple had to offer they'll be listening on their air pods, taking new calls on their apple watch with their iphones taking picture, all the while denigrating apple for its shortsighted and utilitarian
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vision the more ingrained apple becomes in your day-to-day life, the more you'll find yourself willing to pay for its must-have services and that, dear friends, is why you have to own apple, not trade it stick with cramer. oooh. premium entertainment on the infinity screen! people have seven different premium entertainment options to choose from. 'cause people are different. like how you cut the crust off of your sandwiches, and i eat them. and i'm pretty laid back and casual, and you... iron your jeans. i'm actually very happy you noticed that. cool... that's cool. at&t has the only unlimited plan that gives you your choice of top-tier entertainment. buy a new galaxy s10 plus, and get one free. more for your thing. that's our thing.
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♪ >> ecosystem, ecosystem, ecosystem. nike report and okay number. is it perfect? no if the stock had just run up, selling off a little bit but i will say conagra had a very good quarter today. and darden, you know what? my daughter and i go to olive garden, remember the cargo pants with the big rolls in there. unlimited salad bowl all the snobs on wall street who have never been to an olive garden, their bad. it had spectacular numbers and darden went higher also, let's not forget that micron really did deliver what we wanted. i like to say there is always a bull market somewhere. i promise to try to find it just for you right here on "mad money. i'm jim cramer, and i will see you tomorrow
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>> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ first into the tank is a couple with a product hoping to emulate the best part of a favorite breakfast food. hi, my name is chris pouy... and i am tiffany panhilason. and our company is called cow wow cereal milk.

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